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Top 6 Richest Black Women in South Africa 2020

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Although the list of the richest people in the world is dominated by men, it is a fact that the number of rich women in the world has increased compared to previous centuries.

According to Forbes, Only 243 of the world’s 2,153 billionaires are women, and in the list of the top 50 richest persons in the world, there are only five women. Amongst the five richest women in the top fifty richest people, two are Americans.

In Africa, Isabella dos Santos and Folorunsho Alakija are the only two women that make the list of the twenty richest people in South Africa.

In South Africa, it was revealed according to businesstech.co.za, that in the 0f the top twenty-four people in South Africa, Wendy Appelbaum was the only woman. So who are the richest women in South Africa? In this piece, we look at a list of the richest black women in Africa.

1. Irene Charnley

Irene Charnley

The 59-year-old (born 6 May 1960) business mogul is a top player in South Africa’s business world. Recently, she was awarded as one of the top 50 business woman outside of the United States and in August 2000 she was awarded the title of Businesswoman of the Year for her outstanding contribution to taking Johnic from an industrial conglomerate to a modern telecommunications media group.

At a point in her career, Irene was a trade unionist, and she is famous for her role as the negotiator for South Africa’s National Union of Mine Workers, where she spent 13 years.

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Later in her career, Irene Charnley became an executive director for the MTN Group, and she is currently the CEO of Smile Telecoms Holdings Ltd, a Mauritius-based Pan-African telecommunications group. Irene Charnley has a Net-worth of R1.5 Billion according to buzzsouthafrica.com.

2. Bridgette Radebe

Bridgette Radebe

Bridgette Radebe is the second on our list of the richest black woman in South Africa, with a net worth of R1 billion. Born on 26 February 1960, Bridgette is the sister of Patrice Motsepe and Tshepo Motsepe who is the current first lady of South Africa. Bridgette is the founder of Mmaku minning, and that gave her the title of being one of Africa’s first black female mine owner/operators.

Bridgette is the president of the South African Mining Development Association, a member of the New Africa Mining Fund and serves on the Sappi Board. On May 2008, Bridgette received an “International Businessperson of the Year Award” by the Global Foundation for Democracy.

3. Judy Dlamini

Judy Dlamini

Judy Dlamini is currently the Chancellor of the University of the Witwatersrand. According to Buzzsouthafrica.com, her net worth is R124 Million. Dlamini is the founding chairman of Mbekani group.

She served as chairman of the board at Aspen Pharmacare Holdings from 2007 until 2015. Prior to her career as a businesswoman, she practised as a medical doctor for several years.

On the 12th of December, she was awarded an honorary doctorate at the Nelson Mandela University’s faculty of business and economic sciences.

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4. Nonhlanhla Mjoli-Mncube

Nonhlanhla Mjoli-Mncube

Another woman with a wealth of experience in the business terrain of South Africa is Mjoli.

Mjoli has served on different of the boards of different corporations, ranging from National Housing Finance Corporation Ltd, Capitec bank, WBHO Construction, Tongaat Hullet Sugar, Emira Property Fund, NURCHA, Rural Housing Loan Fund and the Construction Industry Development Board.

Mjoli is a serial entrepreneur, she is the chairperson of Mjoli development Company (pty) Ltd, Eziko Investments and the Alpha Network for Women. She was awarded as the Business Woman of the Year by SABC Lebone and holds a Master’s degree in City and Regional Planning from the University of Cape Town.

She has an estimated net worth of R94 million and concluded a fellowship in Urban Studies at the Massachusetts Institute for Technology.

5. Mamphela Ramphele

Mamphela Ramphele

This is another with a wealth of experience. An anti-apartheid activist, Ramphele is a medical doctor, an academic and a businesswoman.

Ramphele was the former Vice-Chancellor at the University of Cape Town and managing Director at the World Bank. According to Wikipedia, She has received twenty-three honorary degrees and numerous awards including:

  • Honorary Doctorate at the International Institute of Social Studies, The Hague, the Netherlands, in 1997.
  • Honorary Doctor of Law from the University of Cambridge in 2001.
  • Honorary Doctorate in Humane Letters from Hunter College of the City University of New York in 1984.
  • Honorary Doctor of Science degree from Tufts University in May 1991.
  • Honorary Doctorate in Medicine from the University of Natal.
  • Medal of Distinction from Barnard College in the United States.
  • Ramphele is also a former fellow of the Bunting Institute and was elected as an honorary member of the Alpha and Iota chapters of Phi Beta Kappa at Radcliffe and Harvard Colleges.
  • Honorary Doctorate of Humane Letters degree from New York University in May 2007.
  • Admitted to the Order of Simon of Cyrene in 2010.[22]
  • Officer of the Legion of Honour, the highest decoration in France.
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According to naijaquest, she has a net worth valued in excess of R55 million.

6. Christine Ramon

Christine Ramon

According to buzzsouthafrica.com, Christine Ramon has a net worth of R49.67 million. Christine rise to the list of top richest women in the world is one inspiring one. Christine came from a single-parent family with four other siblings, she opted to study part-time while working during the day.

Ms Ramon studied through UMISA and obtained BCompt (1988), BCompt (Honours) (1989), and obtained her CA (SA) qualification in 1990. She also attended the Harvard Senior Executive Program in 1999. In November 2018, Christine Ramon joined the IFAC Board in November 2018.

She was nominated by the South African Institute of Chartered Accountants (SAICA). Ms Ramon is currently the executive director of AngloGold Ashanti. Prior to October 2014 when she was appointed as the executive director of AngloGold Ashanti, She served as Chief Financial Officer and Executive Director of Sasol from 2006 to 2013 and as the CEO of Johnnic Holdings.

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